# Tech sell-off deepens, pushing Wall Street toward its worst day since June

https://mins.news/en/item/123007

- CBC News, 2026-10-30 19:06 UTC
- Economy
- Original: https://www.cbc.ca/news/business/tech-stocks-markets-oct-30-9.7403226?cmp=rss

> By mid-afternoon, the tech-heavy Nasdaq was down about 3 per cent, while Canada’s S&P/TSX composite index had fallen about 2.3 per cent. Investors are increasingly concerned that hundreds of billions of dollars invested in AI may not generate enough profit and productivity to justify the spending.

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- [Global Markets AI Anxiety and Oil Shock](https://mins.news/en/topic/global-markets-and-ai-oil-shock) — Markdown: https://mins.news/en/topic/global-markets-and-ai-oil-shock.md

## Related coverage

- [Wall Street Punishes Tech Stocks After Earnings Misses](https://mins.news/en/video/123164) — Bloomberg Television, 2026-10-30
- [Tech sell-off drives US markets down nearly $1tn after disappointing earnings](https://mins.news/en/item/122960) — The Guardian, 2026-10-30
- [US tech stocks plunge on concerns over AI costs](https://mins.news/en/item/122703) — BBC News, 2026-10-30
